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Major Banks Hit With Large, Coordinated DoS Cyberattacks

by on September 28, 2012

Thousands of controlled application servers have been pounding banks with a denial of service attack for the past week, and it looks like it’s not going to stop soon:

http://money.cnn.com/2012/09/27/technology/bank-cyberattacks/index.html?hpt=hp_t3

Bank of America’s and Chase’s web servers were swarmed on  Sept. 19, then  U.S. Bank and Wells Fargo on Wednesday, followed by PNC on Thursday. In many cases users’ ability to access accounts was limited and sometimes suspended.

Because of the volume and coordinated nature of the attacks, the bot net structured for these exploits had to have been planned for months. An Islamist group is claiming responsibility, and some fingers are pointing to Iran, but it’s still not clear who or what group was the originator of the exploit.

From → Security

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